Prime central London house price growth at its lowest in five years thanks to China and stamp duty September 7, 2015 Prices of homes in some of London's most exclusive areas grew at their lowest in more than five years in August, new figures have suggested. The Prime Central London Sales Index, by upmarket estate agent Knight Frank, has found annual house price growth dropped to 1.7 per cent in August, the lowest rate since November [...]
Mayoral race 2016: Homes for Londoners is the key to solving the housing crisis, claims Tessa Jowell September 7, 2015 London’s housing crisis isn't just a problem for the hundreds of thousands in temporary accommodation or stuck on housing waiting lists, or the young people unable to afford a deposit or exploited by rogue landlords. It’s a problem for our whole city. For London to continue to thrive we have remain an attractive proposition for [...]
Night Tube series: Top seven places to buy a house in London along the Jubilee Line September 4, 2015 With the Night Tube delayed for the time being, now is the best time to consider buying in an area that’s set to benefit from it. Research shows that when new transport links come in, house prices only rise once the trains start running so it’s worth taking a punt before the asking prices shoot [...]
2016 London mayoral election: Bypassing bureaucrats is the key to fixing London’s housing crisis September 2, 2015 How would you feel if a property developer wanted to knock down the 1960s council estate next door and replace it with a shiny, new and modern estate with more homes? On the one hand, you will eventually wake up each morning to a rather nicer view (although any chance of seeing the Shard [...]
London house prices: Former Mayfair garage becomes world’s most expensive mews house after £24m sale September 2, 2015 A former garage in Mayfair which once housed 1920s sports cars has smashed the record for the world’s most expensive mews house after being sold for £24m. The four-storey property, known as 43 Reeves Mews, dates back to 1734 when it once served as stable quarters housing servants and groomsmen of the super-rich residents of Grosvenor [...]
London mayoral elections: Tower blocks are no place to bring up families – it’s time for Londoners to reclaim their horizon September 2, 2015 "We believe most of the wave of proposed towers now hitting the city will do permanent damage to its public spaces and views, without answering London’s real housing and employment needs. There is a lack of evidence for the benefits of these buildings, of planning that can direct them well, and of genuine public consultation." [...]
Government’s starter homes programme won’t help London’s first-time buyers August 27, 2015 Londoners hoping to buy their first home will not get much help from the government, according to a new report out today. In the report, Shelter, the housing and homelessness charity, takes issue with the government’s affordable house building policies, saying its flagship “starter homes” programme will fail to help most first-time buyers. Prime Minister [...]
King of Soho Paul Raymond’s London property empire rises in value to £565m August 23, 2015 Soho Estates, the West End property empire of the late porn baron Paul Raymond, saw the value of its assets rise eight per cent to £565.6m last year. Raymond left the bulk of his estate to his granddaughters Fawn James, a director, and India James when he died in 2008, aged 82. The [...]
The super-rich paying a £50,000 deposit to RENT in London August 20, 2015 With rising house prices placing home ownership out of reach for many and overseas investment rife, London’s lettings market is booming. But the commonly-painted picture of young professionals struggling to pay for their grotty house share in Dalston only tells one side of this increasingly complex story. For competition isn’t only fierce at the affordable [...]
London house prices: Not another brick in the wall? London has a 24 million brick shortage August 19, 2015 London is more than just one brick short of a full load. A new study reckons the capital has a 24 million brick shortfall if it's to meet the demand for new homes. As the population of the UK's capital swells to nine million by 2021, the Linton Group claims London will need 66,000 [...]